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Nadia of Canada Palestine Association and the Basil Al Araj Prisoners Committee with Tsleil-Waututh Cedar George-Parker (photo #1).

On October 6th, in “Vancouver,” we confronted the Canada Pension Plan Investment Board (CPPIB) and their investments in weapons, war crimes/genocide, the climate crisis, fossil fuels, and its continued investment in companies that violate Indigenous sovereignty. 

CPPIB manages the $647-billion CPP. Every working and retired Canadian outside of Quebec is a member of the CPP. But despite being a Crown corporation, CPPIB has no Indigenous rights framework for its investment portfolio. 

In 2016, the CPP Investment Board (CPPIB) announced they had added human rights as a focus area for determining investment decisions. If human rights are an important consideration, how can CPPIB invest $54 billion of our pension funds in weapons manufacturers and other companies violating international law and complicit in the slaughter of people in Gaza? 

How does the CPP address the risk of complicity in investments tied to Israeli war crimes and illegal settlements, especially in light of ongoing legal proceedings against the Irish Strategic Investment Fund (ISIF) for similar investments?

Some investors, such as the Norwegian Government Pension Fund, developed investment exclusion criteria for companies that facilitate violations of international law in conflict-affected and high-risk regions. 

In 2021, responding to a letter signed by over 70 organizations and 5,600 individuals urging the CPPIB to divest from companies listed in the UN database as complicit in Israeli war crimes, CPP promised in writing  to review the portfolio. A year later at the 2022 public meeting here in Vancouver it was pointed out CPPIB had not fulfilled that promise. In 2024, still this promise has not been fulfilled. And now, again in 2026.

While CPPIB claims it’s committed to responsible investing, including a 2022 commitment to achieve net-zero emissions by 2050, in 2026 CPPIB has tossed out it’s net-zero emissions commitment completely.

Special thanks to Solidarity Notes Community Choir who contributes so much revolutionary energy! photos & videos @dcbreathes
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today! @retiredteachersdivestbc joined the Boycott Israeli Wines action led by @cpavancouver. End complicity in genocide!

from @cpavancouver:
“If the Canadian govt is serious about its intention to restrict trade on goods from Israeli settlements, it’s not difficult! You can start by banning Israeli wines now! Or is this announcement just “symbolic”, as some British diplomats have already reportedly said.

As a solidarity group that has been active for almost two decades in boycotting/banning Israeli wines, we are not moved by all this hoopla over the Canadian government’s apparent declaration to “ban settlement goods”. Firstly, Minister Anand’s statement only “confirm(ed) their intention to introduce national and/or support European restrictions on trade in goods with settlements which are illegal under international law”.

Secondly, if the timeline on labelling settlement wines correctly was any indication, we will be waiting a long time for any action from the federal government. After nine years, it is still unclear how, when and if these wines (apparently illegal even by longstanding Canadian policy) should be labelled as such.

Even if the government followed through in a timely manner, this small measure is woefully inadequate in addressing the current war crimes and genocide being perpetrated by Israel. Many are questioning if all the fanfare around this is intended simply as a distraction from the ongoing complicity of many Western governments and Israel’s culpability.”
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They built the United Nations on the ashes of genocide and promised the world ‘never again’. But when it happened again, they didn’t stop the genocides, they just stopped using the word that would force them to act.
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